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Editor’s note: Day 25 of war — resilience, reality, and a region adjusting

Nearly a month into war, the GCC faces sustained pressure on security, trade, and energy flows, yet the region’s ability to remain stable under strain is sending a powerful message

Gareth van Zyl
Gareth van Zyl

24 March, 2026

Editor’s note: Day 25 of war — resilience, reality, and a region adjusting
Clouds loom over the Dubai skyline including the Burj Khalifa, the world's tallest building, in the UAE. (Getty Images)

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Since February 28, the UAE has faced over 2,100 projectiles from Iran. Despite sustained attacks across the GCC, the region has maintained stability due to investments in defense and infrastructure. The Strait of Hormuz remains closed, impacting oil markets and global economy. While a pause in US strikes offers hope, the GCC's resilience in the face of disruption is a...

More than 2,100 projectiles have been fired towards the UAE from Iran since the start of the war on February 28.

That is according to the latest figures released by the Ministry of Defence on March 23.

It is a number few of us in the Emirates would have imagined just weeks ago. Yet here we are, nearly a month into a conflict that has reshaped the regional landscape in real time.

And still, the UAE, alongside its GCC neighbours, stands firm.

Across the Gulf, countries have had to contend with sustained attacks, testing not only defence systems, but the resilience of economies, infrastructure, and daily life. Despite this, the region has continued to function with notable stability.

That is no coincidence.

It reflects years of investment in preparedness, from advanced defence capabilities to robust infrastructure, supply chains, and business continuity planning. In many parts of the world, such sustained disruption would have triggered far greater instability.

In the GCC, the system is holding. That, in itself, is a powerful signal.

There are cautious signs of a slight pause. US President Donald Trump’s decision yesterday to delay further strikes on Iranian energy infrastructure by five days, following what he described as productive talks, may offer an opportunity for de-escalation.

Read more: Trump orders five-day pause on strikes targeting Iran energy sites

But the region has learned not to draw conclusions too quickly as this situation plays out.

Significant challenges remain. The Strait of Hormuz, a critical artery for global energy flows, is still effectively closed. Interceptions continue across neighbouring states, with knock-on effects ranging from infrastructure disruption to heightened security responses.

Oil markets are reflecting that uncertainty. Brent crude remains above $100 per barrel, reviving concerns around inflation, supply chains, and the path of interest rates, just as the global economy was beginning to regain its footing after Covid-19.

As Dr Sultan Al Jaber noted this week when he addressed CERAWeek in Houston: “When Hormuz is squeezed, the pressure is immediately felt around the world.”

Read more: Dr Sultan Al Jaber: No country should hold Hormuz, global economy hostage

The coming days will be critical, with diplomatic efforts to ease tensions closely watched.

But amid all the uncertainty, one constant has emerged: the GCC’s ability to absorb shock, adapt quickly, and keep moving forward.

  • Gareth van Zyl is the group editor of Gulf Business.

Date announced: Abu Dhabi’s Yas Waterworld expansion to open to visitors

The expansion represents the next phase of the waterpark’s “Lost City” theming, building on its established narrative, The Legend of The Lost Pearl

Gulf Business
Gulf Business

24 March, 2026

Date announced: Abu Dhabi’s Yas Waterworld expansion to open to visitors

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Yas Waterworld Yas Island, Abu Dhabi, will launch its "Lost City" expansion on April 4, 2026. The development adds 11 new attractions, including the UAE's tallest waterslide and a leisure pool, bringing the total in-park experiences to over 70. Miral's expansion aims to enhance visitor engagement and solidify Yas Island as a premier leisure destination.

Miral has confirmed that its latest expansion of Yas Waterworld Yas Island, Abu Dhabi will officially open to visitors on April 4, 2026, marking a significant milestone in the continued development of Yas Island as a premier leisure destination.

The expansion represents the next phase of the waterpark’s “Lost City” theming, building on its established narrative, The Legend of The Lost Pearl. The development introduces a range of new attractions, including eight slides, two jumping platforms and a lounging pool, further enhancing the park’s immersive storytelling approach.

Read more-Miral to develop Topgolf venue on Yas Island

According to a report by Emirates News Agency (WAM), these additions will take the park’s total number of in-park experiences to more than 70, underlining the scale of the expansion and its role in strengthening the destination’s overall appeal.

New Attractions aim to boost visitor engagement

Jonathan Brown, chief portfolio officer at Miral, said the expansion reflects the company’s ongoing commitment to innovation and guest experience. “The expansion of Yas Waterworld marks an important milestone in our commitment to delivering world-class entertainment experiences on Yas Island,” he said. “With eleven new slides and attractions, we are enhancing the park’s offering with fresh thrills and immersive adventures for guests of all ages.”

Among the headline additions is Matamir’s Drop, described as the UAE’s tallest waterslide, offering a plunge from more than 40 metres alongside a 233-metre slide run that combines height, speed and intensity. Visitors can also experience Sahel Matamir, a freefall tube racer designed to propel riders through bursts of speed and moments of zero gravity.

Further expanding the thrill offering, Matamir Loop delivers a high-speed body slide experience built for rapid descents, while Matamir Twist – Matamir Lights combines fast drops with immersive lighting effects. For those seeking competition, Matamir Splash introduces a duelling mat racer where guests can race side-by-side to the finish.

Balancing thrill and leisure experiences

In addition to high-adrenaline attractions, the expansion introduces new spaces designed for relaxation and family-friendly engagement. Sarab, a spacious leisure pool, offers a more tranquil environment for visitors, while Al Afda invites guests to take the leap from a jump platform into the water below.

Together, these additions mark another chapter in Yas Waterworld Yas Island, Abu Dhabi’s evolving offering, blending adventure, heritage and innovation while reinforcing its position within Abu Dhabi’s growing entertainment landscape.

Dr Sultan Al Jaber: No country should hold Hormuz, global economy hostage

Dr Sultan Al Jaber said the only way to stabilise markets is to open the Strait of Hormuz

Neesha Salian
Neesha Salian

23 March, 2026

Dr Sultan Al Jaber: No country should hold Hormuz, global economy hostage
Image: Supplied

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Dr. Al Jaber warned at CERAWeek that weaponizing the Strait of Hormuz constitutes "economic terrorism," driving up energy prices and impacting global economies. He highlighted the strait's importance for energy and commodity flows, emphasizing the need to stabilize the market by ensuring free passage. Al Jaber affirmed the UAE's commitment to resilience through infrastructure investment and strategic partnerships, inviting leaders...

Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology; MD and group CEO, ADNOC; chairman of Masdar; and executive chairman of XRG, said on Monday that weaponising the Strait of Hormuz amounts to “economic terrorism against every nation”, warning that disruptions to the critical waterway are already driving up global energy prices and economic costs.

The comments come amid heightened tensions involving the US, Israel and Iran and its impact on the region.

Speaking at CERAWeek in Houston, Dr Al Jaber said threats to the strait, through which a significant share of global energy and commodities flows, have far-reaching consequences beyond oil markets.

“When Hormuz is squeezed, the pressure is immediately felt around the world,” he said. “In just three weeks, the price of oil has risen by 50 per cent.”

He added that the impact extends from “factories to farms to families”, raising living costs and slowing economic growth globally.

Dr Al Jaber described the situation as a security crisis rather than a supply issue, stating: “We cannot trade our way out of this crisis. Only way to stabilise markets is to open the strait.”

He noted that the Strait of Hormuz, a ‘critical artery’, is 21 miles wide, handles around 20 million barrels of oil a day, nearly a fifth of global oil and gas supply, as well as over a third of global fertiliser trade and significant volumes of petrochemicals and industrial metals.

“Much of the oxygen of the global economy runs through a single throat. Yet, Iran believes that choking it is an acceptable strategy,” he said.

Dr Al Jaber said disruptions to the waterway were also affecting broader transport and trade systems, amplifying economic risks.

“No country should be allowed to hold Hormuz hostage, not now, not ever,” Dr Al Jaber said.

A growing number of countries had backed international efforts to address the situation, including support for United Nations Security Council Resolution 2817 and a joint statement by 22 nations, including the UAE, condemning attacks on commercial vessels, civilian infrastructure and energy installations.

Dr Al Jaber says crisis reveals two visions

Turning to the UAE’s response, Dr Al Jaber said the country had taken steps to ensure resilience, including long-term investments in infrastructure and strategic partnerships.

He said the crisis has revealed two very different visions. One seeks to spread instability. One seeks to promote prosperity. The UAE, he added, made its choice long ago.

“At ADNOC, we took hits that no civilian enterprise should ever have to deal with,” he said, adding that the company was taking measures to protect staff and maintain supply commitments to customers and stakeholders. “Our word is our currency and when it matters, we step up and we show up.”

Dr Al Jaber said: “We will continue to defend our nation and our way of life. In fact, this experience has only reinforced our model of pragmatic progress, rooted in realism not ideology, steady in its course, practical in its approach and relentlessly focused on results.”

He shared that ADNOC, along with Masdar and XRG, has invested more than $85bn in US energy assets across 19 states, spanning power generation and chemicals, and is exploring further investments across the value chain, including storage and liquefied natural gas infrastructure.

He also highlighted the company’s focus on using embedded technology and AI across its operations, and strong alliances.

Dr Al Jaber also invited global energy leaders to attend ADIPEC in November for a working session focused on strengthening the resilience of the global energy system.

CERAWeek runs from March 23 to 27, while ADIPEC is scheduled to take place from November 2 to 5 at ADNEC in Abu Dhabi.

UAE weather: NCM forecasts rain, cloudy weather on March 25

Dubai Police have called on drivers to exercise the utmost caution on the roads in light of anticipated weather fluctuations lasting through Friday, March 27

Neesha Salian
Neesha Salian

23 March, 2026

UAE weather: NCM forecasts rain, cloudy weather on March 25
Image: Getty Images/ For illustrative purposes

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The UAE will experience partly cloudy to cloudy weather with rainfall of varying intensity on March 24 and 25. Expect light to moderate winds, becoming strong at times, causing blowing dust and reduced visibility. Sea conditions will be slight to moderate, becoming rough at times. Dubai Police urge caution on roads until March 27 due to unstable weather.

The National Centre of Meteorology (NCM) said the weather across the UAE on Tuesday, March 24, is expected to be partly cloudy to cloudy, with convective cloud formation bringing rainfall of varying intensity to most regions.

The NCM said winds will be light to moderate, becoming active to strong at times with cloud activity, potentially causing blowing dust and sand and reducing horizontal visibility.

Winds are forecast to be north-easterly to south-easterly at speeds of 10 to 25 km/h, reaching up to 45 km/h.

Sea conditions in the Arabian Gulf are expected to be slight to moderate, turning rough at times with cloud activity.

In the Oman Sea, waves will be slight to moderate, becoming rough at times with clouds.

Cloudy weather, rainfall expected on March 25

On March 25, the UAE is likely to experience partly cloudy to cloudy, accompanied by some convective clouds with rainfall of different intensities over scattered areas.

Temperatures tend to increase gradually. Light to moderate Southeasterly to Northeasterly winds and fresh at times causing blowing
dust and sand, with a speed of 15 – 30, reaching 50 km/hr.

The sea will be slight to moderate, becoming rough at times with clouds in the Arabian Gulf and in Oman Sea.

Safety on the roads is a priority

Meanwhile, Dubai Police have called on drivers to exercise the utmost caution on the roads in light of anticipated weather fluctuations lasting through Friday, March 27.

Residents have been advised to remain vigilant, particularly in low-lying areas prone to water accumulation, and to avoid unnecessary travel during periods of heavy rain.

The authority also highlighted digital services available to the public, including the issuance of damage certificates for vehicles affected by natural events, part of broader efforts to streamline response and recovery during adverse weather conditions.

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‘Worse than 1970s oil shocks’: IEA chief sounds alarm on Middle East crisis

IEA chief Fatih Birol says the Iran war has triggered an energy shock more severe than past crises, as the agency considers further emergency oil stock releases

Reuters
Reuters

23 March, 2026

‘Worse than 1970s oil shocks’: IEA chief sounds alarm on Middle East crisis
Fatih Birol, executive director of the International Energy Agency (IEA), speaks at the National Press Club in Canberra, Australia, on Monday, March 23, 2026. (Getty Images)

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The IEA is consulting on potential oil stockpile releases due to the Iran war's severe impact on global supply, exceeding past crises. While a release could ease market pain, opening the Hormuz Strait is crucial. The IEA is also suggesting measures like reduced speed limits and remote work to conserve fuel, as implemented in Europe previously.

The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil “if necessary” due to the Iran war, Executive Director Fatih Birol said on Monday.

“If it is necessary, of course, we will do it. We look at the conditions, we will analyse, assess the markets and discuss with our member countries,” Birol told the National Press Club in Canberra, at the start of a world tour.

IEA member nations agreed on March 11 to release a record 400 million barrels of oil from strategic stockpiles to combat the spike in global crude prices. The drawdown represented 20 per cent of overall stocks.

There would not be a specific crude price level to trigger another release, Birol said.

“A stock release will help to comfort the markets, but this is not the solution. It will only help to reduce the pain in the economy.”

The IEA chief began his world tour in Canberra as the Asia Pacific is at the forefront of the oil crisis, he said, given its reliance on oil and other crucial products like fertiliser and helium transiting the Strait of Hormuz.

After meeting Australian Prime Minister Anthony Albanese, Birol will travel to Japan later this week before a Group of Seven meeting.

‘Very severe’

He described the crisis in the Middle East as “very severe” and worse than the two oil shocks of the 1970s, as well as the impact of the Russia-Ukraine war on gas, put together.

The war on Iran had taken 11 million barrels of oil per day from global supply, more than the two prior oil shocks combined.

“The single most important solution to this problem is opening the Hormuz Strait,” he said.

“The depth of the problem was not well appreciated by the decision makers around the world,” he said of his decision to begin speaking publicly three weeks into the war.

Stockpile drawdowns are only a portion of what the IEA could do, he said.

Measures outlined by the IEA, such as lowering speed limits or implementing work-from-home measures, had reduced energy use when implemented in Europe in 2022, but each nation would need to decide how best to enact fuel savings, Birol said.

He said that while Australia’s liquid fuel holdings were lower than IEA regulations, the current government had done much to improve them and that 30 days of diesel was a “solid number”

Trump orders five-day pause on strikes targeting Iran energy sites

US president delays military action on Iranian infrastructure following ‘productive’ talks with Tehran

Gulf Business
Gulf Business

23 March, 2026

Trump orders five-day pause on strikes targeting Iran energy sites

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President Trump halted planned military strikes on Iranian energy infrastructure for five days to allow for further negotiations. This pause aims to de-escalate tensions amid regional conflict where energy facilities are a flashpoint, impacting global oil supply and market stability. The decision follows "productive" discussions with Tehran.

US President Donald Trump has ordered a temporary halt to planned military strikes on Iranian energy infrastructure, following what he described as “productive” discussions with Tehran.

Trump said the US military would postpone any attacks on Iranian power plants and energy facilities for five days, signalling a potential window for de-escalation in the ongoing conflict.

“Based on the tenor and tone of these in depth, detailed, and constructive conversations, which will continue throughout the week, I have instructed the Department of War to postpone any and all military strikes against Iranian power plants and energy infrastructure for a five-day period, subject to the success of the ongoing meetings and discussions,” he wrote on Truth Social.

The decision is linked to continued diplomatic engagement between Washington and Tehran, with the pause aimed at allowing further negotiations to take place.

The move comes amid heightened regional tensions, where energy infrastructure has emerged as a key flashpoint, fuelling concerns over global oil supply and broader market stability.

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